We work with Tatjana and her team for more than 5 years. All these time we were getting invaluable advices and support that saved us a lot of money.
Anthony (Global Tronic SIA)
We rely on Business Latvia in general accounting and payroll support. Management reporting for Head Office and local office helps to manage company better.
Ingrida (Termopalas LV)
We are truly satisfied with the help Business Latvia Accounting and Legal team did for us, when we launched the business in Latvia.
John Payne (TCI Group)
5 THINGS WE KNOW TO BE TRUE
#1 Good accounting aid brings more value than valuation you pay
Stacks of entrepreneurs perceive accounting company services as needed evil. Usually, they focus only on the lowest rate and do not even try to use accounting expertise for their business commissioning market Successful accountant will not only make all necessary reporting requirements, but also will present a question in clear and understandable technology about company positions, future perspectives and risks. He will catch and indicate areas where decisions are imperative and will provide client with possible solutions. Such apprehend is really working and aid clients to earn more.
#2 Small business wishes universal aid
Big businesses have their own teams of accountants, lawyers and are able to turn to the best tax advisors and other professionals for support Small business owners are limited with available funds and contacts. We do believe that accounting firms should resolve most of accounting, legal and tax problems for small business. If it is not the case, what is the point to have accounting firm, you can hire individual accountant or even accounting student.
#3 Business manager should understand accounting basics
Accountant will process the documents, prepare and submit reports. He will also provide a solicitation about company overall financial put in position and indicates the areas where business decisions to be made. However, business manager should make final word and take responsibility. However, this is not possible if business manager does not understand the basics. We strongly believe that accountant by no technology should be the one who makes decisions on behalf of business manager. If this is the case, there is no future in this business.
#4 Payment of taxes can bring contentment
Payment of taxes is a norm in modern world; all discussions about how these taxes are later used by government are speculations and can't justify not payment of taxes. However, business managers are free to choose optimal taxation regime for the to start of their business and alter it to a more favorable, once it is beneficial to them. All these, demand proper search planning and vigilance of legislation substitutions however, doing so, you make sure there is no overpayment of taxes and total amount is fair.
#5 One can negotiate with State Revenue Service
We have a tax exploration in one of our clients at least once per quarter, so we accumulated great excellence in working with our State Revenue Repair During all these work we noticed that lots of troubles could be avoided, if you apprehend State Revenue Mend in a professional way Sometimes politeness, history of kept promises, availability and answering of all the questions in a сconfident technology can save you more money than hiding and recruitment of best lawyers to defend you advantages Everybody should do their job properly, so helping SRS to address their inconveniences will open you road to easier find compromise on requests that are necessary for you.
5 THINGS WE KNOW TO BE TRUE
#1 Successful accounting support brings more value than rate you pay
A lot of entrepreneurs perceive accounting company services as vital evil. Usually, they focus only on the lowest fee and do not even try to use accounting efficiencies for their business placement Successful accountant will not only make all important reporting requirements, but also will present a question in clear and understandable technology about company positions, future perspectives and risks. He will catch and indicate areas where decisions are necessary and will provide client with possible solutions. Such apprehend is really working and support clients to earn more.
#2 Small business desires universal support
Big businesses have their own teams of accountants, lawyers and are able to turn to the best tax advisors and other professionals for aid Small business owners are limited with available funds and contacts. We do believe that accounting firms should resolve most of accounting, legal and tax troubles for small business. If it is not the case, what is the point to have accounting firm, you can hire individual accountant or even accounting student.
#3 Business manager should understand accounting basics
Accountant will the way the documents, prepare and submit reports. He will also provide a solicitation about company overall financial fit and indicates the areas where business decisions to be made. However, business manager should make final word and take responsibility. However, this is not possible if business manager does not understand the basics. We strongly believe that accountant by no technology should be the one who makes decisions on behalf of business manager. If this is the case, there is no future in this business.
#4 Payment of taxes can bring contentment
Payment of taxes is a norm in new world; all discussions about how these taxes are later used by government are speculations and can't justify not payment of taxes. However, business managers are free to choose optimal taxation regime for the to start of their business and change it to a more favorable, once it is profitable to them. All these, demand proper a diagnostic programming and monitoring of legislation substitutions however, doing so, you make sure there is no overpayment of taxes and total amount is fair.
#5 One can negotiate with State Revenue Put right
We have a tax examination in one of our clients at least once per quarter, so we accumulated great experience in working with our State Revenue Put right During all these work we noticed that a great deal of troubles could be avoided, if you approach State Revenue Fix in a professional technology Sometimes politeness, history of kept promises, availability and answering of all the questions in a сconfident technology can save you more money than hiding and recruitment of best lawyers to defend you advantages Everybody should do their job properly, so helping SRS to address their pitfalls will open you road to easier find compromise on questions that are imperative for you.
